You didn't really think that I could resist weighing in on this health
care debacle, did you? With my 35-plus year background in the insurance
business, I think I can bring some unique perspective to the table.

I don't know for sure what is in the bill. But from what I read all over
the Internet, there are a few features that need early discussion.

First, this bill has a name already. But, on the day that President Obama
signed the bill, Vice President Joe Biden whispered in Obama's ear that
this was a "Big Fucking Deal," which was picked up by microphones and
broadcast around the world. So, from now on, I will refer to this bill
as the BFD.

One bound copy of the BFD

The agenda hidden in plain sight

The BFD is not about providing health insurance coverage for the 32-40
million ESTIMATED Americans without health insurance. It's about a
government takeover of a giant portion of this nation's economy, and
fascism.

How do I know for sure?

Well, let's use the low end of the estimates, 32 million. I'm only using
that because the government always lies, and the true number is probably
a lot lower. And let's say that the annual premium for the best health
insurance policy you can buy is $5,000 per year per person regardless of
age. Then do the math. 32 million uninsured people times a $5,000 annual
premium per person is only $160 Billion.

Congress and President Obama could have bought every uninsured person in
America a deluxe insurance plan for only $160 Billion. But that's not
what they did.

This bill is estimated to cost over 900 Billion dollars... and they ALWAYS
underestimate on the low side.

So, as I said, this ain't about insuring the uninsured.

But it IS about demographics.

Demographics and Two Major Players

The health care providers didn't fight this bill. That's because right
now there are a lot of uninsured people that use the hospital Emergency
Room as a free clinic. But under the BFD, all of those people will either
pay for coverage, or the Federal Government will pay for their coverage.
The days of hospitals providing free health care to the poor and indigent
will be gone. The health care providers see the tidal wave of health care
benefit money that will hit their shores. All they have to do is soak it
up.

The health insurance industry didn't fight this bill, either. That's
because they see 32 million people (questionable estimate) that aren't
paying premiums that will begin buying insurance. And many of those
people will get the DC crowd to pay their premiums for them through "low
income" subsidies. In addition, the health insurance companies already
have the trained staff to help DC roll out this health care law and
administer it for the DC bureaucrats. More money for the insurers.

What pact did the big insurance companies make with the devil?

The insurance industry has not fought this BFD. They have not used their
club in the closet. So, the logical conclusion is that the insurance
industry has made a yet-to-be-discovered pact with the DC Devils to
enrich themselves at the public's expense.

All of the insurance companies domiciled in the USA have investment
portfolios. Part of their money is always invested in government
securities. That means bonds and other debt instruments. These can be
Federal, State or even municipal bonds. But they all hold a large
percentage of US securities.

Their bond holdings are sufficiently large that if they suddenly sold
even a small portion of the bonds, it would collapse the entire bond
market. And with the volatility of the dollar, and the mind-boggling
Federal debt that is constantly growing, the value of all government
bonds is dropping like a stone.

The insurance companies know this. They already know that they could
cause the bond market to meltdown any day that they began selling off
government securities. The US Federal government would finally be proven
to be bankrupt. So, in essence, they have created a government
interference insurance policy for themselves that protects them from
Washington's meddling in their business. It's the equivalent of the old
"club in the closet"... the weapon you bring out when it's needed. And
NOTHING prevents them from threatening DC with that club.

One of the features of the BFD is that pre-existing conditions will no
longer be considered in underwriting a health insurance policy. In
practice, this will mean that I could wait until my doctor diagnoses me
with terminal cancer before I buy an insurance policy. Then, I pay my
copays and stick it to the insurance company.

Another feature is that there will be no lifetime cap on benefits.
Underwriting and actuarial considerations are worthless when an insurance
company cannot calculate the limits of their loss exposures. Insurance
ceases to be insurance... a transfer of risk... when there ceases to be any
risk. Under the BFD, health insurance becomes a healthcare welfare system.

No insurance company would ever agree to this... unless underwriting
and actuarial decisions don't matter anymore. That would only occur
if there was some entity above the insurance company that was going to
pay all the benefits. Guess who?

The DC bunch is going to do this with health care. The health care
industry will naturally shrink in size as many people realize that it
makes no economic sense for them to continue in this path.

As the BFD unfolds, and the regulations start to affect doctors, the
number of doctors will diminish. Some will retire early, some will switch
to other careers, premed students will switch majors, and most doctors
will just sing "Nobody knows the trouble I've seen."

Some doctors will opt out of the government benefits system and stop
treating anyone covered by the BFD. But that brings up another possible
scenario. If the number of participating doctors drops, and rationing
inevitably begins, I can see Washington stepping in and forcing doctors
to treat BFD patients. Think about it. Doctors are licensed in every
state. Congress could easily pass a new law that mandates all licensed
doctors to accept BFD patients and BFD benefits... or no license for the
doctor. What's to stop Congress from doing this? Nothing.

But some medical professionals will adapt and prosper.

Doctors are going to watch as their incomes shrink. But some will think
of ways to escape the American healthcare system while still practicing
medicine.

That means an escape from America.

Canadians have been coming to American doctors and hospitals for decades
to escape the rationing in Canada. Now it's America's turn to run for the
border.

Over the next ten years, thousand of doctors, nurses and other medical
professionals will set up shop outside the USA. They will establish
clinics and surgical practices "just across the border" with the most
modern and advanced medical treatment facilities possible... free from
Washington's crushing burden of regulation.

Expect the offshore medical industry, or commonly called "Medical
Tourism" to explode in Mexico, the Caribbean (and Cuba, once Castro dies)
and Latin America, in places like Panama and Costa Rica. Read more about
Medical
Tourism HERE.

For example, the prestigious Johns Hopkins University's Center for Global
Health opened the Hospital Punta Pacifica in Panama City, Panama in 2006.
It is the most advanced hospital in Panama and rivals any great American
hospital. Medical tourism will be a huge cash cow for this facility as
health care falls apart in America.

Big Pharma is Smiling

The pharmaceutical industry has entered in the Promised Land. They will
negotiate their pricing with the government, and the government health
care will promote and buy their products. All Big Pharma has to do is
continue paying bribe money to Congress.

Russell D. Longcore is an insurance claims consultant
based in Marietta, Georgia. He is the author of the hot-selling
book,
Insurance
Claim Secrets REVEALED! which has been a Number One book
at Amazon continuously since October 2007. His second book,
Commercial Insurance Claim Secrets REVEALED! has just been
released in Ebook format.

Russell also owns an insurance quote service offering competitive
insurance quotes for every kind of insurance imaginable. What sets
this website apart from all other quote sites is that Russell also
shows consumers how to take control of their insurance claims and
add hundreds or even thousands more dollars to their claim settlements.